Sunday, December 22, 2024

Double bottom in D1, top level of trend line broken in EUR GBP H4, H1
1 mins well spent

As per our previous EUR/GBP analysis (click here to see), we recommend our members to wait for the confirmation of reversal or breakout at the strong support level price 0.83

Below weekly chart is the snapshot of our previous EUR/GBP analysis.

EUR GBP will reverse from this support level
EUR GBP reversal from support

Now, EUR/GBP bounces back from strong support level 0.83 in weekly chart.

EUR/GBP formed a double bottom in daily chart

Double bottom formed in EUR GBP forex chart
Double bottom in EUR GBP

EUR/GBP broken the top level of down trend line in 4 hour chart.

downtrend line of eur gbp breakout
EUR GBP down trend line broken

EUR/GBP broken the top level of uptrend line in 1 hour chart.

Uptrend line of EUR/GBP breakout
EURGBP up trend line broken

All time frame charts confirms the Upward movement and reversal from the strong support level.

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